The Central Bank of Argentina (BCRA) has announced the inclusion of the Chinese yuan, or renminbi, as an accepted currency for deposits in the country's financial institutions by individuals and legal entities.
In a communication labeled A 7796, the BCRA stated that financial entities are now authorized to open savings and current accounts denominated in Chinese currency.
This decision is in line with the National Securities Commission's (CNV) previous move to allow the trading of negotiable securities in yuan within the local financial market.
Earlier in June, the BCRA expressed its support for financial transactions in the Chinese. . .
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